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Timeline (BitCoin)

Timeline (BitCoin)

1715 – 1746 Tominaga Nakamoto – Philosopher – 8 Members

1723 – 1790 Adam Smith – Economist  – 8 Members

1881 – 1973  Mises – Economist – 7 Members

1883 – 1946 John Maynard Keynes Economist  Cambridge, UK – 5 Members

1899 – 1992 Friedrich A. Hayek – Economist – 6 Members

1905 – 1982 Ayn Rand – Philosophy – 26 Members

1912 – 1954 Alan Turing – Matematician – 12 Members

1912 – 2006 Milton Friedman – Economist – 7 Members

1916 – 2001 Claude Shannon – Matematician – 7 Members

1918 – 2013 David Rees – Matematician Satoshi? – 34 Members

1939 George Gilder – Economist – 19 Members

1944 Whitfield Diffie – Matematician – 7 Members

1945 Martin Hellman  – Matematician – 8 Members

1952 Ralph C. Merkle – Matematician – 5 Members

1951 – 2018 Tim May Cypher  – 8 Members

1961 Lawrence LessigCode is Law” Cypher USA – 7 Members

1967 – 2013 Dave Kleiman Satoshi? – 33 Members

– 1974 Robert E. Kahn / Vint Cerf TCP/IP = Internet

– 1976 Whitfield Diffie / Martin Hellman / New Directions in Cryptography

– 1978 RSA Public Key Cryptosystem

– 1979: Hash tree

1980: public key cryptography

– 1980 Ralph Merkle Protocols Cryptosystems

– 1981 David Chaum Untraceable Electronic Mail, Return Addresses

– 1982 Murray Rothbard The Ethics of Liberty

– 1983 David Chaum Blind Signatures

David Chaum 1983 eCash – Firma ciega Cypher – 16 Members

– 1985 Elliptic Curve Cryptography

– 1988 Timothy C. May The Crypto Anarchist Manifesto

– 1989 David Chauman DigiCash

– 1991 Phil Zimmermann

– 1991 Haber / Stornetta How to Time-Stamp a Digital Document

Scott Stornetta 1991 Cypher – 6 Members

– 1991 Schnorr sigs patent

– 1992/1993 Proof-of-work for spam

– 1992 / 1993 Eric Hugues A Cyperherpunk’s Manifesto

– 1992 Cypherpunk Founded

– 1994 CyberCash

– 1994 Timothy C. May

– 1996 E-Gold

– 1996 NSA How To Make A Mint

– 1997 Adam Back HashCash

Adam Back 1997 Hashcash Cypher  – 13 Members

– 1997 Nick Szabo Formalizing and Securing Relationships on Public Networks

– 1998 Nick Szabo Secure Property Titles with Owner Authority

– 1998 Bit Gold

1998, a Hawaiian resident named Bernard von NotHaus began fabricating silver and gold coins that he dubbed Liberty Dollars           Nine years later, 2007 the U.S. government charged NotHaus with “conspiracy against the United States.” 

– 1998 Wei Dai B-Money

Wei Dai 1998 B-Money Cypher  – 9 Members

1998 Ian Grigg – Financial Cryptography Cypher – 24 Members

– 1999 Dot Com Bubble

1999 The “anti-security movement”

– 1999 Peer-to-peer (P2P)

– 1999 Byzantine fault tolerance

– 2000 Hash Trees

– 2001 Bram Cohen BitTorrent

– 2001 Distributed Hash Tables

–  2001:  finalized

– 2002 SHA-2

– 2004 Hal Finney / Reusable Proofs of Work

          Hal Finney (1956 – 2014) 2004 RPOW – Reusable Proofs of Work – 12 Members

What the Hack 2005

What The Hack was an outdoor hacker conference held in Liempde, Netherlands between the 28th and 31st of July, 2005. What the Hack was an event in a sequence that began with the Galactic Hacker Party in 1989, followed by Hacking at the End

2005 Bit Gold Nick Szabo Cypher  – 16 Members

2007, the federal government filed charges against e


1998 November 26 – Wei Dai describes b-money.

2002 August 01 – Adam Back publishes Hashcash, which would later be used in bitcoin mining.

2002 December 09 – An unidentified cypherpunk describes a “virtual coin” on a UK finance newsgroup.

2007 Date unknown – Satoshi Nakamoto begins developing Bitcoin.

2008 August 18 – The domain name is registered.

2008 August 22 – Satoshi Nakamoto contacts Wei Dai after a referral from Adam Back.

2008 October 31 – The Bitcoin white paper is published by Satoshi. 
                         The Cryptography Mailing List

2008 November 09 – The Bitcoin project is registered on SourceForge.

2009 January 03 – The genesis block is established by Satoshi Nakamoto.

2009 January 09 – Bitcoin v0.1 is released on the cryptography mailing list and mining begins.

2009 January 11 – Block 78 is the first to be mined by a known individual other than Satoshi.

2009 January   12 – The first transaction occurs between Satoshi and Hal Finney.

2009 October 05 – New Liberty Standard publishes the earliest exchange rates based on cost of production.

2009 December 12 – Satoshi releases Bitcoin v0.2.

2009 December 30 – The difficulty adjusts for the first time, rising from 1 to 1.18 on block 32256.

2011 04 23 “I’ve moved on to other things”. Satoshi Nakamoto

2012 nov. 28 – Halving day 2012 (November 28, 2012) was the day of the first subsidy halving, which occurred when block 210000 was solved. Until block 420000, the block reward would be 25 BTC instead of the original 50 BTC.

2016 01 15  former Bitcoin Core developer Mike Hearn left the Bitcoin community and industry with a highly controversial blog post entitled “The resolution of the Bitcoin experiment.”

At the moment before the halving, 10,500,000 BTC had been mined, 50% of the target cap.

The block was solved by a Radeon HD 5800 after mining for less than a week. This GPU would later be sold to Chaang Noi at a significant markup on August 26, 2013. Several images of the card were posted to Bitmit, but no copies are currently known to exist.

See Also on BitcoinWiki[edit]


Important milestones of the Bitcoin project



August 18 Domain name “” registered[1].
October 31 Bitcoin design paper published

2008-10-05.Satoshi Nakamoto registered with on

November 09 Bitcoin project registered at

2008-12-10  Satoshi Nakamoto <satoshi@vi…>  Welcome to the Bitcoin mailing list!


2009-02-04 From: Satoshi Nakamoto “created minimum fee for transactions less than 1 cent”

January 3 Genesis block established at 18:15:05 GMT
January 9 Bitcoin v0.1 released and announced on the cryptography mailing list
January 12 2009-01-11  Hal

2009-01-12  Satoshi Nakamoto  Bitcoin v0.1 Alpha release notes.

First Bitcoin transaction, in block 170 – from Satoshi to Hal Finney[2].

October 5 Exchange rates published by New Liberty Standard. $1 = 1,309.03 BTC (and theymos thought NLS was overcharging[3])
October 9 #bitcoin-dev channel registered on freenode IRC.
December 16 Bitcoin v0.2 released
December 30 First difficulty increase at 06:11:04 GMT

2009-06-13 The new Bitcoin website/portal is up at Martti Malmi


On July 15, 2010, Satoshi Nakamoto adds the 1 MB block size limit to bitcoin.

February 6 Bitcoin Market established
May 22 laszlo first to buy pizza with Bitcoins agreeing upon paying 10,000 BTC for ~$25 worth of pizza courtesy of jercos[4]
July 7 Bitcoin v0.3 released
July 11 Bitcoin v0.3 release mentioned on slashdot[5], bringing a large influx of new bitcoin users.
July 12 Beginning of a 10x increase in exchange value over a 5 day period, from about $0.008/BTC to $0.08/BTC
July 17 MtGox established
July 18 ArtForz generated his first block after establishing his personal OpenCL GPU hash farm
August 15 Bug in the bitcoin code allows a bad transaction into block 74638. Users quickly adopt fixed code and the “good” block chain overtook the bad one at a block height of 74691, 53 blocks later (Incidents#Value_overflow).
September 14 jgarzik offered 10,000 BTC (valued at ~$600-650) to puddinpop to open source their windows-based CUDA client
September 14 Block 79,764 is first to be mined using split allocation of the generation reward.
September 18 puddinpop released source to their windows-based CUDA client under MIT license
September 29 kermit discovered a microtransactions exploit which precipitated the Bitcoin v0.3.13 release
October 01 First public OpenCL miner released
October 04 Original Bitcoin History wiki page (this page) established (ooh so meta) on’s wiki.
October 07 Exchange rate started climbing up from $0.06/BTC after several flat months.
October 16 First recorded escrowed bitcoin trade conducted, between nanotube and Diablo-D3, escrowed by theymos.
October 17 #bitcoin-otc trading channel established on freenode IRC.
October 28 First bitcoin short sale transaction initiated, with a loan of 100 BTC by nanotube to kiba, facilitated by the #bitcoin-otc market.
November 6 The Bitcoin economy passed US $1 million. The MtGox price touched USD $0.50/BTC.
December 7 Bitcoind was compiled for the Nokia N900 mobile computer by doublec. The following day, ribuck sent him 0.42 BTC in the first portable-to-portable Bitcoin transaction.
December 9 The generation difficulty passed 10,000.
First bitcoin call option contract sold, from nanotube to sgornick, via the #bitcoin-otc market.
December 16 Bitcoin Pooled Mining, operated by slush, found its first block

December 12, 2010,

Last message from Satoshi. “Added some DoS limits, removed safe mode (version 0.3.19)”


January 2 Tonal Bitcoin units standardized.
January 8 History of Bitcoin page (this page) created after replicating from original Bitcoin History page on
Bitcoin Pooled Mining reached a total of 10,000 Mhash/s
January 27 Largest numeric value ever traded for bitcoins thus far occurred on this date. Three currency bills from Zimbabwe, known as Zimdollars, were traded on #bitcoin-otc at the rate of 4 BTC for each of the one-hundred trillion dollar ($100,000,000,000,000) Zimbabwe notes[6]
January 28 Block 105000 was generated. This means that 5.25 million bitcoins have been generated, which is just over one-quarter of the eventual total of nearly 21 million.
February 9 Bitcoin reached parity with the US dollar, touching $1 per BTC at MtGox.
February 10 website struggles to handle traffic resulting from mentions on Slashdot[7], Hacker News and Twitter following the news that parity had been reached.
February 14 A vehicle was, for the first time, offered in exchange for a certain number of bitcoins[8].
March 1 MagicalTux buys from its founder Jed McCaleb
March 6 Total Bitcoin network computation speed for a short time reached a new high of almost 900Ghash/sec, dropping to 500Ghash/sec soon after. Some speculate that this was due to some supercomputer or bot-net that joined the network (mystery miner).
March 18 BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of, possibly automated, BTC sales at progressively lower prices. BTC price had been declining since the February 9 high.
March 22 WeUseCoins releases the viral video What Is Bitcoin? which has had more than 6.4 million views.
March 25 Difficulty decreased nearly 10%. A decrease has only occurred once before, and this decrease of nearly 10% was the largest.
March 27 The first market for exchanging bitcoins to and from the British Pound Sterling BTC/GBP, Britcoin, opens.
March 31 The first market for exchanging bitcoins to and from Brazilian Reals, Bitcoin Brazil, opens.
April 5 The first market for exchanging bitcoins to and from the Polish złoty,, opens.
April 12 First bitcoin put option contract sold via the #bitcoin-otc market.
April 16 TIME does an article on Bitcoin.
April 23 BTC/USD exchange rate reaches and passes parity with the Euro (EUR) on MtGox exchange.
BTC/USD exchange rate reaches and passes parity with the British Sterling Pound (GBP) on MtGox exchange.
Value of the Bitcoin money stock at current exchange rate passes $10 million USD threshold.
April 27 VirWoX opens first market to trade bitcoins against a virtual currency on BTC/SL (Second Life Lindens) exchange.
April 30 The generation difficulty passed 100,000.
June 2 The exchange rate at MtGox touched 10 USD per BTC.
June 3 Tonal Bitcoin reached parity with the US cent, touching 1¢ per TBC at Bitcoin Market.
June 8 The MtGox exchange rate peaked at 31.91 USD, at a “market capitalization” of about $206 M [1].
June 12 The MtGox exchange rate briefly dropped to near 10 USD four days after the peak, in its largest percentage price retreat to date.
June 13 Forum user allinvain claimed to have had 25,000 BTC stolen from his Bitcoin wallet (approx. USD equivalent $375,000).
June 19 The MtGox database was compromised and the user table was leaked, containing details of 60,000 usernames, email addresses and password hashes, some of which were overly simple to brute force passwords.
June 19 Someone was able to access an admin account at MtGox and issue sell orders for hundreds of thousands of fake bitcoins, forcing the MtGox price down from $17.51 per bitcoin to $0.01. MtGox announced that these trades would be reversed. Trading was halted at MtGox for 7 days (and also briefly at TradeHill and Britcoin while their security was reviewed).
June 19 Some of the users on the leaked MtGox database had used the same username at MyBitcoin and had their passwords hacked. About 600 of them had their balance stolen from their MyBitcoin accounts. One user lost over 2000 BTC.
June 20 The EFF announced that it was no longer accepting Bitcoin donations due to legal uncertainties.
June 24 The generation difficulty passed 1,000,000 with Block 133056.
July 19 “Let it go on record that at 4:05pm CET [19 July 2011], my manager Tadek was the first person in the world to receive [testnet] Bitcoins via NFC ;)” – Mike Hearn
July 22 BitCoins Mobile, the first Bitcoin application for iPad was released by Intervex Digital.
July 26 Room77 becomes the first brick-and-mortar business (bar) to accept Bitcoin as a means of payment.
July 30  included in the blockchain[9].
August 20 First Bitcoin Conference and World Expo held, in NYC.[10]
August 23 P2Pool, the first P2P decentralized pool, mines its first Bitcoin mainnet block (Block 142,312).
August 30 Difficulty adjustment at block 143,136 marks the first back-to-back drop.
November 15 First CVE (CVE-2011-4447) assigned to a Bitcoin client exploit.
November 25 First European Bitcoin Conference in Prague, Czech Rep.[11]
December 12 Largest amount of fees, to-date, in a single transaction, and most fees in a single block. A transaction paid 171 BTC in fees in block 157235[12].


March 1 Largest theft of bitcoins to-date occurred (near 50K BTC) after security breach at web host Linode.
April 1 Pay-to-script-hash (P2SH) as defined through BIP 0016 goes live.
May 08 A single service, Satoshi Dice becomes responsible for over half the transaction volume on the Bitcoin blockchain.
June 3 Largest block (most transactions), to-date (June 3), is block 181919 with 1322 transactions[13].
July 22 One millionth topic reply was posted on the unofficial Bitcoin Forum [14].
September 15-16 Bitcoin Conference in London [15].
September 27 Formation of the Bitcoin Foundation.
November 28 Halving day. Block 210,000 is the first with a block reward subsidy of only 25 BTC.
December 6 First Bitcoin exchange licensed “as a bank” in europe (actually a PSP which is like a bank, without debt-money issuing).


February 19 Bitcoin Client v0.8 released featuring improved download speed and Bloom Filtering
February 28 The MtGox exchange rate broke the June 8 2011 peak of 31.91 USD. The first all time high since 601 days
March 12 A previously undiscovered protocol rule results in a hard fork of the 0.8.0 reference client.
March 18 The United States federal agency charged with enforcing laws against money laundering (FinCEN) declares that Bitcoin users are subject to regulation only at the point of USD-BTC exchange.[16]
March 28 Total Bitcoin market cap passes $1 billion. [17]
April 1 Bitcoin price breaks 100 USD on MtGox and other major exchanges.

2014   (Glosario en Español)   (English glossary)

What do you think?

Written by Ramon Quesada

Passionate about Blockchain & Bitcoin technology since 2013, Co- Founder of, Team Manager in the CoinTelegraph Spain franchise (2016-2017 years) Co. Organizer of the Blockchain Boot camp Valencia 2018, Co. Organizer of the mini Hackathon BitcoinSV Barcelona, in August 2019, current coordinator of the BSV Valencia Meetup.

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